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August 26, 2008

Futures slip as oil cuts losses, data awaited

Stock index futures turned lower on Tuesday, with Wall Street now looking set to add to Monday’s drop, as the price of oil cut its earlier losses.

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Stocks retreat ahead of Fed meeting

Wall Street pulled back in early trading Tuesday as investors, uneasy before the Federal Reserve's meeting during the afternoon, cashed in some of their gains from Monday's big advance.

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Thomas Weisel strikes fee unbundling deal with Fidelity

NEW YORK (MarketWatch) -- Thomas Weisel Partners Group, Inc. (TWPG) has struck a deal with Fidelity Investments to separate the fees it charges for research and stock trading. Link to original article

China stocks end up 2.1 percent on tax cut hopes

SHANGHAI, Mar 3 - Chinese stocks rose sharply on Monday, far outperforming slides in foreign markets, and turnover hit a one-month high because of speculation that authorities might cut the stock trading tax.

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